Cyprus: Carbon Electrode Market 2020

Carbon Electrode Market Size in Cyprus

The revenue of the carbon electrode market in Cyprus amounted to $X in 2018, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. In that year, the carbon electrode market attained its peak level and is likely to continue its growth in the immediate term.

Carbon Electrode Production in Cyprus

In value terms, carbon electrode production stood at $X in 2018 estimated in export prices. Over the period under review, carbon electrode production, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, carbon electrode production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Carbon Electrode Exports

Exports from Cyprus

In 2018, the carbon electrode exports from Cyprus stood at X tons, waning by -X% against the previous year. Overall, carbon electrode exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, carbon electrode exports reached their peak figure at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, carbon electrode exports amounted to $X in 2018. Overall, carbon electrode exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. Over the period under review, carbon electrode exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

China was the key exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by the Netherlands (X tons) and Spain (X tons), together constituting a X% share of total exports. Japan (X tons), India (X tons), France (X tons), Poland (X tons), Russia (X tons), Malaysia (X tons) and Germany (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to carbon electrode exports from China stood at +X%. At the same time, Malaysia (+X%), India (+X%), Poland (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Russia, France and the Netherlands experienced a relatively flat trend pattern. By contrast, Japan (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Malaysia and India increased by +X%, +X% and +X% percentage points, while Japan (-X p.p.), the Netherlands (-X p.p.) and Germany (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest carbon electrode supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In China, carbon electrode exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2018, the carbon electrode export price in Cyprus amounted to $X per ton, stabilizing at the previous year. In general, the carbon electrode export price, however, continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Over the period under review, the export prices for carbon electrodes attained their peak figure at $X per ton in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Carbon Electrode Imports

Imports into Cyprus

Carbon electrode imports into Cyprus stood at X tons in 2018, shrinking by -X% against the previous year. Overall, carbon electrode imports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Cyprus imports peaked at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, carbon electrode imports stood at $X in 2018. Overall, carbon electrode imports continue to indicate an abrupt setback. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. In that year, carbon electrode imports reached their peak of $X. From 2013 to 2018, the growth of carbon electrode imports remained at a somewhat lower figure.

Imports by Country

In 2018, Iceland (X tons), distantly followed by Canada (X tons), Norway (X tons), Russia (X tons) and the U.S. (X tons) represented the major importers of carbon electrodes, together achieving X% of total imports. The following importers - Sweden (X tons), Iran (X tons), Germany (X tons), Italy (X tons), South Korea (X tons), Turkey (X tons) and India (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sweden, while the other leaders experienced more modest paces of growth.

In value terms, the largest carbon electrode importing markets into Cyprus were the U.S. ($X), Russia ($X) and Turkey ($X), together comprising X% of total imports. These countries were followed by Italy, Iceland, South Korea, Germany, Canada, Norway, Iran, Sweden, India and Cyprus, which together accounted for a further X the main importing countries, Italy experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The carbon electrode import price in Cyprus stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the carbon electrode import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. In that year, the import prices for carbon electrodes attained their peak level of $X per ton. From 2010 to 2018, the growth in terms of the import prices for carbon electrodes remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per ton), while Iceland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform